El Dorado Hills is located in a good market for 5+ unit multifamily loans. Multifamily loans in El Dorado Hills are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in El Dorado Hills are competitive. El Dorado Hills apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in El Dorado Hills.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in El Dorado Hills are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 6.56% - 7.30% |
| 7 Year Fixed | 6.46% - 6.97% |
| 10 Year Fixed | 6.40% - 6.80% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 5.49% - 5.73% |
| 7 Year Fixed | 5.18% - 5.42% |
| 10 Year Fixed | 5.19% - 5.43% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.36% - 7.10% |
| 7 Year Fixed | 6.26% - 6.77% |
| 10 Year Fixed | 6.20% - 6.60% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 5.60% - 5.75% |
| 7 Year Fixed | 5.61% - 5.76% |
| 10 Year Fixed | 5.61% - 5.76% |
All major multifamily lender types are lending in El Dorado Hills.
The city of El Dorado Hills in El Dorado County has a population of 46,593. The median rent in El Dorado County for a 2 bedroom is $1,606. The median El Dorado Hills resident is 45 years old with a yearly income of $57,395. The average family has 3.24 members and a median household income of $137,726. El Dorado Hills has a 55% higher education rate. The unemployment rate in El Dorado Hills is 4.3%.
13.3% of El Dorado Hills households are renters.
29.3% median household income spent on rent.
Bedrooms |
El Dorado County 1 |
California 2 |
National 2 |
|---|---|---|---|
| Studio | $1,138 | $1,137 | $737 |
| 1 bedroom | $1,276 | $1,291 | $813 |
| 2 bedroom | $1,606 | $1,635 | $1,015 |
| 3 bedroom | $2,298 | $2,254 | $1,325 |
| 4 bedroom | $2,781 | $2,613 | $1,521 |
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